Over 67 percent of families have credit cards. The medium number of cards for each family is 2.

That's not a surprising statistic. In today's world a credit card can be faster, safer, and more flexible than cash.

The average rate on a credit card plan is over 15%.

Now that is a surprising statistic. While over half of cardholders always pay their balances off every month, what about the other half?

Source: US Census. '98 data